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This written disclosure must be signed by the transferor, including the printed name, and shall contain the following information: (1) The odometer reading at the time of the transfer (not to include tenths of miles); (2) The date of the transfer; (3) The transferor's name and current address; (3a) The transferee's ...
The primary purpose of an odometer is to measure the distance travelled by the vehicle. In addition, odometer readings help determine various maintenance milestones such as tyre rotations, oil changes etc. Dealers use odometer readings to estimate the vehicle's valuation in the used car market. Odometer and Its Uses - Unacademy unacademy.com ? content ? ssc ? general-awareness unacademy.com ? content ? ssc ? general-awareness
Federal and State law require that the seller states the mileage in connection with the transfer of ownership. Failure to complete the odometer statement, or providing a false statement, may result in fines and/or imprisonment.
The odometer is a measurement device that shows the total distance travelled by the car. It's found on the car's dashboard. Two Greek words come together to form the word ?odometer,? leaving us with the meaning of path and measure. There is also a trip odometer on most cars.
An odometer is a mechanical or digital device installed in a vehicle that records the total distance the vehicle has traveled since it was first put into use. It's typically displayed on the vehicle's dashboard, near the speedometer.